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Q1. Expected direct materials purchases in Rees Company are $210,000 in the first quarter and $270,000 in the second quarter. Forty percent of the purchases are paid in cash as incurred, and the balance is paid in the following quarter. The budgeted cash payments for purchases in the second quarter are:
A) $216,000.
B) $288,000.
C) $270,000.
D) $234,000
Q2. The interest on a $30000, 9%, 30-day note receivable is
A) $225.
B) $900.
C) $75.
D) $150.
Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $5,000.
On 1 May 2016, Raspberry Ltd pays $480 for a one-year fire insurance policy that expires on 30 April 2017, What is the journal entry made on 1 May 2016
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as a manager what do you if you have someone who scores low in desirable personality traits but their behavior does not
The LBJ Company has budgeted sales revenues
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